Forgiveness Information
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PSLF Forgiveness Update: MOHELA Is Sending Approval Letters By Mail Only
- February 3, 2023
- Posted by: Carter Davis
- Category: Forgiveness Information
No CommentsBeginning Sunday January 1st, 2023 (which was a holiday), the student loan servicer responsible for facilitating the Public Service Loan Forgiveness program began sending notifications to successful PSLF Waiver candidates that their loans have been forgiven in full. Fedloan Servicing, the previous student loan servicer responsible for PSLF administration had sent these notifications by email and/or documentation in a borrowers Fedloan account.
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U.S. Department of Education Clarifies The Sending Of Erroneous Forgiveness Approval Mass Emails To Student Loan Borrowers, Blames “Vendor Error”
- December 15, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
Beginning Tuesday November 22nd, 2022, more than 9 million student loan borrowers began receiving emails confirming the approval of their blanket student loan forgiveness applications, whether they had actually applied for the blanket student loan forgiveness or not.
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U.S. Supreme Court Agrees To Hear Two Forgiveness Lawsuits In February, Ruling By June
- December 15, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
On Monday December 12th, 2022 the U.S. Supreme Court has agreed to review both challenges to the blanket forgiveness plan that is currently blocked by the lower federal courts.
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U.S. Department of Educations Extends Covid-19 Student Loan Forbearance Through August 29th, 2023 Or A Sooner Date To Be Determined
- November 22, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
On Tuesday November 22nd, 2022 the U.S. Department of Education announced an extension of the Covid-19 student loan payment pause that was scheduled to end December 31, 2022.
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Department Of Education Is Emailing Approval Letters For $10K and $20K With Forgiveness Still Blocked
- November 22, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
On Tuesday November 22nd, 2022 federal student loan borrowers began receiving emails from the Department of Education entitled “Update on Student Loan Debt Relief and the Status of Your Application”.
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Department Of Education Is Currently Cancelling Debts For Borrower Defense To Repayment
- November 18, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
Federal court clears the way for closed school discharge: effect is immediate for many borrowers.
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Blanket Student Loan Forgiveness Vacated By United States District Court For The Northern District Of Texas
- November 10, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
On Thursday November 10th, 2022 the United States District Court For The Northern District Of Texas declared the blanket student loan forgiveness program unlawful and vacated the program as a result of the judgement.
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Blanket Student Loan Forgiveness Blocked By 8th Circuit U.S. Federal Appeals Court
- October 26, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
On Friday October 21st, 2022 the U.S. Court of Appeals for the 8th Circuit granted an administrative stay to the blanket student loan forgiveness proposal that was supposed to begin forgiving student loan debt balances starting Sunday October 23rd, 2022.
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Imminent Blanket Student Loan Forgiveness
- October 15, 2022
- Posted by: Carter Davis
- Category: Forgiveness Information
Over the last few weeks, the process of forgiving $10,000 or $20,000 for every student loan borrower in the United States as set forth by the Department of Education has been moving forward to this specific point. In the coming days and weeks we should begin to see the actual forgiveness affecting the student loan debt balances of individual federal student loan borrow
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Blanket Student Loan Forgiveness Ordered by Current Presidential Administration
- September 12, 2022
- Posted by: Shane Cummiskey
- Category: Forgiveness Information
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